Yes it would be nice for the feds to resolve but these parts of Adelaide have been dying for over a decade with industry closing one by one, only post-poned during the mining boom, but how long do you let your family live in poverty waiting for the govt to resolve before you take control of your own life.Again with the victim-blaming. Not everyone has opportunities, education and success amplified by taking opportunities overseas like you have. You need to be more modest about what you've achieved instead of blaming everyone else (the majority) who don't have mobility or opportunities like you have had.
Agree, that the excuse for not bringing the budget back to balance for last 7 years has been to prevent a recession and I have supported this on the premise it would bring the economy down slowly, prevent a recession and balance the budget with growth. However if we had that recession, that would have come and gone by now and we operating with a balanced budget and debt probably far less than today. At what point when do we say, "enough"!!! We are operating with a perpetual deficit. The problem is that the fed govt budget has so much built in cost with welfare, NDIS etc etc etc that they have little room...I would have been more inclined to start with -
They are all pretty reasonable proposals I have listed but would anyone in the Liberal Party even think of those things (or the Labor Party for that matter)? No. Instead all of the proposals have been to trying to undermine and entrench the poverty of those who are already quite poor and/or disadvantaged by continuing to slash at the foundations of our social stability... making the poor poorer.
- Generous entitlements as to how much you can have with private superannuation AND Centrelink. The fastest growing welfare cohort (by far) is age pensioners, 2.2 million and growing quickly. Maybe we should also change the criteria to "residents only" so that the money spent by the taxpayers on pensioners stays in Australia.
- Get rid of the CGT discount on profits from holding onto property. Speculation on these kinds of things should be taxed to the hilt while real productive activity should be taxed as lightly as possible (ie abolish payroll taxes).
- Quarantine deductions from residential property only to income derived from that property - not from other income sources.
Forget ever seeing a structural deficit disappear, not for the foreseeable future anyway. It's the new normal. Australia isn't paying its way and we haven't been for some time.
We are all victims of change and circumstance, whether it be govt, military, the weather, our health, circumstance etc etc. Its how you deal with it that determines your future. Most of us are in Australia because things went pear shaped elsewhere or believed this was a better option and thus abandoned life, family and friends.
Training in the workplace these days is focus on what you can control, not what you cannot. I cannot control the govt or what they do. I vote once every 3 years, most of what happens next is up to each of us. For some the choices are more limited than others because of their health or others close to them, beyond that.......
I did not get any greater opportunity at school or education at uni than anyone else, according to the HSC marking system at the time, I was technically below average. Being here I obliviously work with 85% of the rest of the population who have chosen to seek better opportunities than whats available at home, regardless of what level of pay they earn.
I've said it before,
- break up the income earners into 4
- Bottom 25% pay no tax and get flat rate basic welfare to maintain minimum standard of living.
- Bottom 25% to 50%, as their income rises above 25% their combined welfare payments reduce to 0% when they earn 50%. This is also the lowest tax bracket
- 50% to 75% - Not entitled to welfare payments apart from Medicare, pay mid level tax bracket
- 75% to 100% - Not entitled to any welfare payments apart from Medicare, pay highest level tax bracket
Ask the question, why should someone on 51% average income be entitled to any welfare? What is the limit?
- Housing, remove negative gearing on 2nd hand properties and and CGT discount. I think incentives to build new property is still required as we have a housing crisis.
- School funding, need incentives to get kids out of govt schools and into private as the funding per child is less, but should be sliding scale. Once fees exceed sat $20kpa per say Year 12, the funding is reduced as the affordability by more wealthy parents can pick up the tab.
- Health system, Medicare is not a free for all. There should be no such thing as bulk billing, which is basically Indian Doctors working a production line. There should be a flat rate Co-payment of $10 to all apart from those in the lower 25% who get a Health Care card, then its $5 for GP visit, double for specialist with a cap for lower 25% and higher based on your income tax bracket.